Mia Shielet A.

Bigata
BSBA- Financial Management

Kindly look and describe the different domestic and international treasury functions.

The treasury department's overall objective is to manage a company's liquidity.

This means that all current and projected cash inflows and outflows must be closely
managed to ensure that sufficient cash is available to fund corporate operations and
that any excess cash is properly invested. Which to comprehend treasury's various
strategic roles in international affairs, one must first comprehend treasury's primary
domestic functions, as it is these that have given rise to the international activities. The
domestic functions which finances are raised primarily through taxation and borrowing;
financial resources are allocated through the national budget; financial markets are
monitored; financial institutions are monitored; and financial crimes are investigated and
prosecuted. Then, domestic operations is the one who maintained of statutory reserves,
managing liquidity, profitability development reserves, trading and arbitrate, hedge and
cover operations. While the domestic functions help to explain the international treasury
functions and it is anticipating, preventing, and, where necessary, responding to and
resolving international financial crises, and combating illicit finance. Next, the handling of
funds in foreign currencies is one of the functions of international treasury. The subject of
foreign exchange relates to the means and procedures by which rights to income and
wealth in one currency are transformed into identical rights in another currency, or the
conversion of credit instruments denominated in various currencies, such as cheques,
drafts, and telegraphic transfers etc. Lastly, the exchange is made through foreign
exchange traders who are licensed by the country's central bank. Apart from specialist
agencies, banks are usually dealers.